CNI News

11 August 2022 

Wave Money, one of Myanmar’s leading mobile financial service providers, announced that they team up with Yoma Bank and unlimited cash withdrawal can be made from nearby Yoma Bank branches or ATMs, including transferring money through Wave-Flexi linkage.

 It is known that Wave Money users can use mobile financial services by the digital linking of their Wave Pay with Yoma Bank Flexi Everyday account. Brad Jones, the Chief Executive Officer of Wave Money said, “We are fully aware that our users, agents and partners had to face with the difficulties and challenges for cash withdrawal due to the recent changes and circumstances. 

With the aim of providing a better service to the people, Wave Money has partnered with Yoma Bank and brought Wave-Flexi linkage service for the Wave Money users to make cash withdrawals with no worries and to get payment services. This new service is a help for our agents and partners across Myanmar to be able to make enough cash withdrawals.” 

Wave Money company’s statement describes that Wave-Flexi linkage was started in July, money transfer can be done through Flexi service as Wave Money connects their agents’ Wave Partner accounts with Flexi Connect from Yoma Bank and financial services are being provided by more than 50,000 Wave shops across Myanmar.

Ko Kyaw Soe Lin, Chief Consumer Banking Officer from Yoma Bank said, “We feel very proud to be able to provide better banking services to not only Yoma Bank users but also Wave Money users by joining hands with Wave Money. 

The Flexi service is a big step forward for both Yoma Bank and Wave Money, fulfilling our commitment to bring smooth and convenient financial services. We are working on everything at our best for our users to be easily accessible and able to manage their finances. 

This Flexi Everyday service is the main function which will fulfill our commitment.” It is known that Flexi Everyday account can be opened at Yoma Bank branches.